25 09, 2019

What Tax Credits Can I Claim in Canada?

By |2019-11-14T16:00:53+00:00September 25th, 2019|resource|0 Comments

Tax credits are amounts that you can claim against your taxable income to reduce your taxable income.

In Canada, there are two types of tax credits: refundable and non-refundable. Refundable tax credits are tax credits that you can claim whether you have any taxable income or not. That means that the Canada Revenue Agency will refund […]

6 09, 2019

What are the Advantages of RDSPs (Registered Disability Savings Plans)?

By |2019-11-14T16:02:39+00:00September 6th, 2019|resource|0 Comments

A registered disability savings plan, or RDSP, are savings plans that offer extraordinary benefits for those who qualify for and use them, or even in estate planning and trusts for those with disabled dependents. The RDSP is a federal plan for people with disabilities that provides the following advantages:

–           Tax Free Earnings
–           Government Grants and […]